XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]        
Revenue $ 11,566 $ 11,898 $ 34,826 $ 36,918
Cost of revenue 7,850 8,642 25,500 28,063
Gross profit 3,716 3,256 9,326 8,855
Operating expenses:        
Selling, general and administrative 4,301 4,336 12,742 13,253
Research and development 139 186 474 510
Goodwill and intangible asset impairment charge 937 7,505 937 7,505
Depreciation 43 69 144 213
Amortization of intangible assets 108 209 400 700
Total operating expenses 5,528 12,305 14,697 22,181
Operating loss (1,812) (9,049) (5,371) (13,326)
Other income and (expenses), net        
Interest expense, net (430) (422) (1,483) (928)
Change in fair value of derivative instruments, net 180 263 420 377
Other loss, net (30) (2) (118) (58)
Loss before income taxes (2,092) (9,210) (6,552) (13,935)
Benefit from income taxes (70) (218) (81) (108)
Net loss $ (2,022) $ (8,992) $ (6,471) $ (13,827)
Net loss per common share - basic (in dollars per share) $ (0.82) $ (4.22) $ (2.7) $ (6.55)
Net loss per common share - diluted (in dollars per share) $ (0.82) $ (4.22) $ (2.7) $ (6.55)
Weighted average shares outstanding used to compute net loss per share - basic (in shares) 2,480,505 2,128,888 2,398,468 2,110,194
Weighted average shares outstanding used to compute net loss per share - diluted (in shares) 2,480,505 2,128,888 2,398,468 2,110,194